Economy, asked by Anonymous, 8 months ago

0:4 Market activity known as production for
(a) exchange
(b) earning income
(c) earning profit
(d) all of the above​

Answers

Answered by 2255manishsoni
1

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Answered by sourasghotekar123
0

Answer:

Market activity known as production for-

(a) exchange

(b) earning income

(c) earning profit

(d) all of the above​

Explanation:

  • The topic market activity is related with the economy that is economic activity which includes the production and consumption of goods.
  • This activities are performed for pay or for profit.
  • Economic activities are the also known as market activities. It involves remuneration to any one who perform the activity performed for profit.
  • There are parts of economic activity that parts of market activity-  resources management, the production of goods and services, the distribution of goods and services and the consumption of goods and services.
  • Market activity known as production for exchange.
  • Exchange is the correct answer which is option number A from the given options of exchange, earning income, earning profit, and all of the above.
  • The correct answer is exchange.

Hence, exchange is right answer.

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